Enforcing contracts: Cost in Grenada

Grenada: Enforcing contracts: Cost was 32.6% in 2019. ▬ Flat

Latest (2019)
32.6%
Change on year
unchanged
World rank
66th
of 188 countries
All-time high
32.6%
in 2005
All-time low
32.6%
in 2005
Years of data
15
2005–2019

Enforcing contracts: Cost in Grenada, 2005–2019

01020302005201220192005: 32.6 % of claim2006: 32.6 % of claim2007: 32.6 % of claim2008: 32.6 % of claim2009: 32.6 % of claim2010: 32.6 % of claim2011: 32.6 % of claim2012: 32.6 % of claim2013: 32.6 % of claim2014: 32.6 % of claim2015: 32.6 % of claim2016: 32.6 % of claim2017: 32.6 % of claim2018: 32.6 % of claim2019: 32.6 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Grenada is 32.6%, measured in 2019. That is the highest value across all 15 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost in Grenada peaked at 32.6% in 2005 and was at its lowest, 32.6%, in 2005.

Grenada ranks 66th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.6% 32.6% 32.6% 5
2010s 32.6% 32.6% 32.6% 10

Countries ranked near Grenada

  1. 63 Trinidad and Tobago 33.5% compare
  2. 64 South Africa 33.2% compare
  3. 65 Mexico 33.0% compare
  4. 67 Marshall Islands 32.1% compare
  5. 68 Laos 31.6% compare
  6. 69 Lesotho 31.3% compare
  7. 69 Uganda 31.3% compare

See the full ranking of 190 places →

More reference data data for Grenada

All data for Grenada →

Frequently asked questions

What is enforcing contracts: cost in Grenada?
Enforcing contracts: cost in Grenada was 32.6% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Grenada?
The highest recorded value was 32.6% in 2005.
What is the lowest enforcing contracts: cost recorded in Grenada?
The lowest recorded value was 32.6% in 2005.
How does Grenada rank for enforcing contracts: cost?
Grenada ranks 66th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Grenada?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Grenada data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts: Cost (% of claim)
Unit
% of claim
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The cost to enforce contracts is recorded as a percentage of the claim value, assumed to be equivalent to 200% of income per capita or $5,000, whichever is greater. Three types of costs are recorded: average attorney fees, court costs and enforcement costs. Bribes are not taken into account.